Job Openings Junior Finance Executive

About the job Junior Finance Executive

Position Title: Junior Finance Executive

Classification: Associate

Salary: 45,000-55,000 a month

Reports to: Client

Primary Relationship: Client Team

Date: September 2022

Schedule: US Business Hours

Background:

Junior Finance Executive will maintain the overall accuracy of the accounts, ledgers and financial records within their remit. They perform a range of administrative and clerical tasks on a day-to-day basis to keep their part of the management accounts up to date. This role will provide a mix between the Credit Control and Sales/Purchase ledger.

Responsibilities :

  • To take appropriate action to ensure the timely collection of debts following credit control policy.
  • To maintain the financial integrity of the data held on the sales ledger records including maintaining credit actions.
  • Set up and maintain customer records (including credit checks) for the sales ledger and sales team
  • To prepare and circulate weekly debtor lists to the management team

  • To ensure cash is allocated on a timely basis and old balances are cleared via email and phone call
  • Maintain account notes in an A/R debtors summary for Finance executives. Outline detailed actions taken in effort to obtain payment. Provide a plan of action to collect outstanding balances.
  • To ensure that customer queries over invoices are resolved promptly.

  • To prepare the daily banking and deposit with the bank.

  • Raise ad-hoc credits and invoices.

  • Produce and issue Statements to customers

  • Assisting with billing of sales orders and returns

  • Assisting with entering of supplier invoices and credit notes on the system
  • Building a good rapport with internal stakeholders and external customers
  • Reconciliation of supplier statements.

  • Research payment disputes to determine if payment was received and applied per guidelines. Issue revised invoices and credit notes.
  • Working to monthly deadlines

  • Perform other related duties as assigned. There will be opportunities for the Junior Finance Executive to take on additional responsibilities once they have reached a strong level of proficiency in the current role

Requirements:

  • Knowledge of office procedures

  • Data entry

  • Basic mathematics, and customer relation skills.

  • Specialized knowledge of credit and collection procedures.

  • 2 years experience of credit control and experience in entering purchase invoices against purchase orders onto a finance system.
  • Having the confidence to make customer calls to chase unpaid monies is an essential requirement. Systems Experience would be beneficial.


Independent Action :

  • Under general supervision, perform duties in conformance with established department practices and procedures, referring to the Finance Manager and Finance Director on questionable account balance, and on difficult collection problems.